๐ ๐ ๐๐๐๐๐ญ๐๐ก ๐ฌ๐๐ฒ๐ฌ ๐ง๐จ ๐๐ฎ๐ญ๐ฌ ๐ข๐ง ๐๐๐ฒ โ ๐๐ฎ๐ญ ๐๐ฎ๐ง๐? ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐ฌ๐ญ๐จ๐ซ๐ฒ.
CMEโs FedWatch Tool shows:
๐น 94.3% chance Fed holds rates steady in May
๐น Just 5.7% odds of a 25bps cut
But by June:
๐ธ 60.5% chance of a 25bps cut
๐ธ 3.6% odds of a 50bps cut
๐ธ Only 35.9% expect no change
With #BTC funding rates turning negative and short-term holders offloading 47K BTC, macro uncertainty is clearly feeding risk-off sentiment.
Rate cuts could flip the script โ but will it come soon enough?